Roar - SPC

ROAR 2013 Issue 1 page 03EditorialAs we enter 2013 with renewed drive and passion, it isalso important that we take a moment to reflect on ourachievements in 2012. Let me begin by sharing with youmy thoughts about 2012.2012 had been a profoundly challenging and eventfulyear. We continued our collective efforts to implementPetroChina’s strategy of “Resource, Market andInternationalisation”. We worked diligently to sustain andexpand our presence in various markets across SoutheastAsia, and at the same time penetrated vigorously intoemerging markets like the Middle East, South Asia and EastAfrica. In Singapore, we are the leading supplier in aviationfuel at Changi Airport and in marine bunker. In MiddleEast, our bunker business grew robustly at Fujairah port.In Indonesia, the Wortel Field has progressed smoothly togas production. For SRC upgrading projects, we have alsomade good progress. Together with the Middle East office,we had achieved record revenue of more than USD80 billionand trading volumes hitting about 100 million tons. Withour complementary and synergistic businesses in trading,refining, terminalling and shipping, our Singapore officehas really taken off very well in establishing itself to becomePetroChina’s regional operation centre in Asia Pacific.We reciprocated our customers’ and local partners’supports with our supreme products quality and meticulousattention. In 2012, our SPC retail station business toppedthe Singapore Customer Satisfaction Index. On the CSRfront, we continued to help improve our communityby participating in various campaigns and activitiesthroughout the year.Good corporate culture is a key pillar in our continuouspursuit for sustainable success. In 2012, PCI set out fourcore values of “Integrity, Initiative, Safety and Harmony”.We are in the process of cascading these core values in ourSingapore context and charting our Vision and MissionStatements. A series of implementation and communicationactivities will be rolled out in 2013.For all our hard work in 2012, we had receivedtremendous appreciation and recognition. Our Singaporeoffice was awarded the “Outstanding Group” by PCI.Our Management Team was voted the “OutstandingManagement Team” by CNPC for excellent stewardship;integrity and faith; vision and discipline; and businessperformance. An additional accolade of distinctionreceived was the “Fastest Growing 50 Enterprises” awardin Singapore for the fourth time in a row.Thank you for all your united effort and dedication. We areindeed making good progress towards our goals. Gearingup for the future, I do earnestly believe that with yourcontinued diligence and contributions, we will continueto strive for bigger progress and attain greater excellencein our performance in the ever challenging environment.My best wishes to you and your family for another yearof good health, great achievements, abundance andprosperity! Happy 2013!Xia HongweiManaging Director, PCSGChairman and President, SPCPCI Annual Meeting 2013By Guo Xing, Managing Director OfficeThe PetroChina International (PCI) 2013 Annual Meeting was heldsuccessfully in Beijing on 29th and 30th January. The theme of themeeting was “Liberalize the Thinking Further, Exploit the CompetitiveAdvantages, Transform the Mode of Development, Strive to Explore theMarket, Enhance the Innovation Capability, Increase Profit in Tandemwith Scale”. Mdm Wang Lihua, President of PCI, delivered the annualwork report with a review of activities and achievements in 2012, andoutlined the work plan of 2013. She also signed the 2013 PerformanceAgreement and HSE Commitments with various global Headsincluding Mr Xia (see above picture). The awards of “OutstandingGroup” and “Outstanding Employee” were also proudly presented tothe recipients at the Annual Meeting.PCI Singapore andScientific DevelopmentBy Guo Xing, Managing Director OfficeIn 2012, CNPC launched a series of talks to materialise theconcept of Scientific Development. On 25th Oct 2012, ourSingapore office and three other subsidiaries from differentbusiness segments in CNPC were honoured to share theexperiences and practices to exemplify Scientific Development.Mr Xia Hongwei with the senior management team of CNPC: Mr Wang Lixin,Chief of Discipline & Inspection of CNPC (1st from left); Mr Li Xinhua, VicePresident of CNPC (3rd from left); Mr Jiang Jiemin, Chairman of CNPC (5thfrom left); Mr Zhou Jiping, President of CNPC (3rd from right); and Mr YuBaocai, Vice President of CNPC (1st from right)• Resource, Market and Internationalisation • An insight to PetroChina’s strategy of “Resource, Market and Internationalisation”ResourcesTo maximise, diversify and replace hydrocarbonresources in an orderly and sustainable manner,with equal focus on oil and gas. We will achievethese goals by expanding domestic onshore andoffshore resources, acquiring overseas resources,strengthening our reserves, and developingalternative energy resources. We will realise rapidgrowth in our hydrocarbon production, createbreakthroughs in emerging energy sources,and consolidate our upstream businesses’leading position in China, thus creating a strongfoundation for sustainable growth.MarketTo develop a sustainable and profitablemarket leader position. We will achievethis goal by tapping our economiesof scale and the superiority of ourintegrated upstream and downstreamoperations. We will strengthen ourposition in mature markets, expand intoprofitable markets, penetrate strategicmarkets, and expand internationaltrade flows, continually enhancing ourcompetitiveness in China and the restof the world.InternationalisationTo develop PetroChina into a competitive multinationalcorporation. We will achieve this goal through greaterinternational co-operation and strengthened capitalmanagement, intensified overseas oil and gas explorationand development, measured development of mid-streamand downstream businesses, active diversification ofenergy supplies, and increased scale of our internationaltrading operations. Underpinning these are the principlesof active and stable development, mutual benefit, andsynergising domestic Chinese and international resources,markets, technology and capital effectively and efficiently.

ROAR 2013 Issue 1 page 04ROAR 2013 Issue 1 page 05Crude Oil IntroductionBy Lee Gim Hua, Crude Trading0304Crude oil, typically a dark and sticky liquid is known scientificallyas a hydrocarbon. It was discovered and used in various parts of theworld throughout human history. Before 1400AD, in NorthwesternPennsylvania, this black substance was used for religious rituals byNative Americans as an ointment or skin colouring. As the discovery ofpetroleum’s usefulness deepened in the 1800s, individual companiesstarted to drill for oil and distill it into an illuminant for use in lamps.It was not until the 1870s, that oil exploration in Pennsylvania’s OilCreek region grew in a big way. Credit goes to John D Rockefeller – asuccessful entrepreneur and visionary, who founded the Standard OilCompany of Ohio. When Standard Oil became too dominant, it waslater broken up into several major US oil companies like Exxon, Mobil,Conoco, Chevron and Amoco, etc. as a result of charges of monopolyand antitrust litigation. Nonetheless, through Rockefeller’s efforts, oilbecame the primary energy source in the US and around the world.01Types of Crude OilCrude oil found at different locations around the world has differentproperties due to the surrounding geological structure and mineraldeposits. It can be categorised by density (measured as API specificgravity) and sulphur content. An API gravity of 38 or higher is“light”, 22–38 is “medium” and 22 or below is “heavy”. Crude isconsidered “sweet” if it is low in sulphur content (1.0%/weight).Usually, the higher the API gravity (meaning that it is “lighter”), themore valuable the crude. Apart from these two main properties, arefinery will also have to evaluate its crude assay before processingthe crude oil. Crude assay is a detailed report stating the chemicalproperties of the crude and its yield, after various tests are carriedout on the crude.05Crude Oil PricingCrude Import into SRC02The three most established crude markers used as pricing referencesare North America’s West Texas Intermediate crude (WTI), NorthSea Brent Crude and the UAE Dubai Crude.In 2007, the Dubai Mercantile Exchange (DME) was set up toallow the trading of Oman crude Futures contract, with the aim ofsetting Oman as the new benchmark for Asian market.WTI, also known as Texas Light Sweet, was widely used in the pastas benchmark pricing for the pipeline crudes going into the US andother crudes in Canada and Latin America. The API is around 40and sulfur content about 0.3 per cent.Brent, a light sweet benchmark crude oil produced in the NorthSea area, is used as a reference price for European, Mediterraneanand African crudes. Typical API gravity approximately 38 andsulfur content about 0.4 per cent.Dubai crude – a medium sour crude used as a reference marker forpricing of most Middle East crudes. Typical API is around 31 witha sulfur content of 2.1 per cent.About 90 per cent of the SRC crude feedstockcomes from the Middle East, namely Saudi Arabia,Kuwait, Qatar and UAE. The rest originate fromthe South East Asian region, Latin America, Russiaand less frequently, West Africa. Most of the crudesare loaded using Very Large Crude Carrier (VLCC)that can carry up to 2 million barrels of crude orSuezmax size tankers carrying up to 1 millionbarrels to reduce transportation costs. Regionalcrudes are usually shipped in Aframax size vesselsdue to the typically smaller parcel size of regionalgrades (300,000–600,000 barrels). SRC is equippedwith a VLCC jetty that is capable of receiving a fullVLCC for discharge.As of last count, SRC has processed more thanabout 70 different types of crudes from all cornersof the world. On average, over 50 types of crudesare being evaluated every month with about 10 typesof crudes being selected and processed based on itseconomic value.We are entering exciting and challenging times. The demand for oil worldwideis expected to continue growing (albeit at a slower pace under currentenvironment) with increased consumption and new refining capacitiesadded, while new oil discoveries are slow to catch up at current explorationtechnology. What does all this mean? Global politics will to influence theshort-term volatility of oil price. As crude oil is a finite resource, manyexpect the price to go in one direction in the long term – UP! How high?It is hard to say.01. Picture of Pennsylvania Oil Creek region 02. Pumpjack pumping an oil well 03. An offshore oil drillingand production platform 04 . A VLCC alongside jetty discharging crude oil 05. SRC’s processing units

ROAR 2013 Issue 1 page 06ROAR 2013 Issue 1 page 0701As part of PCSG’s focus on Health, Safety and Environment (HSE),a fire-fighting training session was conducted during the visit to PSTon 15 November. Mr Lim Hock Huat, Manager of PST gave a lessonon firefighting and participants then took turns to put out a real firewith a fire extinguisher. All participants successfully completed thetraining session and received a Certificate of Completion.We want to thank all the presenters for taking the time to brief ournew employees. The Company wishes to extend a warm welcome toall newcomers. Let’s strive to bring about greater success for PCSG.03As one of the lucky guys who just joinedthe big family of PCSG, I found theOrientation Programme particularlybeneficial and exciting. Firstly, wehad the rare opportunity to meetand interact with senior managersfrom almost every business or serviceunit of the organisation. It allowedus to gain a better understanding ofthe daily operations of the companyfrom the management point of view.Secondly, it was great to bond with other new employeesduring the orientation programme. We had a great time gettingto know each other during the session at the Millennia Toweroffice as well as at our site visit to the Jurong Bulk Plant and theoffshore island of the Pulau Sebarok Terminal. I am very gratefulto all the organisers and participants of this wonderful event.OrientationProgramme 2012By Gan Dong Lee, Human Resource &Yuen Yeh, Managing Director OfficeThe Human Resource Group recently organisedthe annual Orientation Programme for 22 newemployees who joined PCSG/SPC/COSG sinceOctober 2011.The first part of the orientation was held at ourMillenia Tower (MT) office on 18 and 19 October.Speakers from various business and servicefunctions provided a brief introduction of theirdepartments. This helped employees learn aboutthe corporate culture and the diverse businessoperations of the Company. The ManagementTeam joined the new employees for lunch to getto know them better.The new employees visited the off-site officesof Jurong Bulk Plant (JBP) and Pulau SebarokTerminal (PST). It was a precious opportunity fornew colleagues to gain a better understanding ofthe operations at the terminals.0201. 2012 Orientation Group with our Managing Director, Mr Xia Hongwei02. Presentations at the Millenia Tower Office and site visit to Jurong Bulk Plant0403. Firefighting training at Pulau Sebarok Terminal04. Touring the control room and facilities of Pulau Sebarok Terminal- Wayne Zheng Wei, Finance & AccountingFirefighting is the act of extinguishingfires. It sounds easy but the fact is, itis not.Before our firefighting practice, wewere introduced to the causes andhazards of fire, safety instructionsand the use of fire extinguishers.But when faced with a real fire, Iwas really scared of the smoke, heatand flames. My physical discomfortgrew together with the fear anduncertainty in my mind. The most difficult part was havingto fight the fire at close range and at the same time follow theinstructions safely, calmly and effectively.After my successful attempt, I was really proud of myachievement. I found that I had overcome my fear of fire.It was my first time using a fire extinguisher and I got aCertificate of Completion on the firefighting course. Fromnow on, I can fight fires and possibly help to prevent loss oflife, destruction of property and the environment. I finallyrealised how dangerous fire can be, and why our companyalways emphasises the importance of HSE.- Zhao Shuang, Legal, Secretariat & Insurance

2012 Events and Milestones• Naga Utara-1 – the first discoverywell in SPC Makaham Hilir •• Inauguration Ceremony ofMerlimau Building Complex, SRC•• 2012 D&D and LSA •Reminisce about our past year together with snapshots ofthe most memorable events and milestones of 2012. Aswe reflect on what we have accomplished, let us considerhow to contribute to our continuing success in theyear ahead!• First Gas from Wortel •• SPC Ranked No.1 forCustomer Service •• SWA Lunar New Year Lunchfor the Elderly •• Crisis Management Plan Trainingand Table-Top Exercise •• Three New Barge Jetties onStream at Universal Terminal •• 2012 Outstanding EmployeeRecognition Awards and CNY Lunch •• Visit by CNPC’s President Mr Zhou Jiping& PCI President Mdm Wang Lihua •• Opening of SPC Ang Mo Kio Ave 5 •

ROAR 2013 Issue 1 page 10 ROAR 2013 Issue 1 page 11PetroChina InternationalCorporate Culture HandbookBy Vincent Tay, Marketing & Chan Jin Kiat, Human ResourceIn October 2012, PetroChina International Co. Ltd. (PCI or HQ) launched itsnew Corporate Culture Handbook. This Handbook sets out HQ’s principlesand expectations of PCI’s Goals, Values and Operating Philosophies.Featured in the Handbook is a letter to all employees from Mdm Wang Lihua,President of PCI and China National United Oil Corporation (Chinaoil).She shared that corporate culture is “the engine for enterprise to keep vitality,the significant reflection of the enterprise competitiveness, and the spiritualrendezvous for all staff”.Recognising that corporate culture is of critical importance, HQ deemed2012 to be “Corporate Culture Publicity Year”. And after close to oneyear of extensive and dedicated collective efforts, HQ has set out four corevalues to be the pillars for PCI’s foundation and philosophies for standardsof behaviour, as well as to continuously enrich the culture and distinctivecorporate culture of PetroChina and CNPC.These core values form the fundamentals for the collective workforce of PCIand its overseas subsidiaries as we strive towards achieving the ultimate goal“To build an integrated international energy trading company”. These valueswill also be the underlying four core values of PCSG Group (Company) inSingapore.In September 2012, our Company setup a Values Champion Team (VCT),led jointly by Mr Vincent Tay (Vice President, Marketing) and the HR Team,to work with the Company’s Management Team on ways to implement thesecore values for our PCSG Group.In the Handbook, HQ defined the key focus ofthe values as follows:• Integrity is about being honest and doing businessin good faith.• Initiative is about being diligent, keen to learn andalways striving for achievements.• Safety is about making safety a top concern andenvironmental protection a priority.• Harmony is about creating a united, harmoniousand stable working environment.For more than three months in 2012, the VCT memberswere engaged in various discussions among themselvesand with the Management Team on ways to cascade thecore values from HQ to our Company. At the same time,we wanted to ensure that there would be some aspect ofthe Singaporean essence in these values, while defining thestandards of behaviour expected of our Singapore colleagues.In addition, the Management Team made significant effortsin charting and defining the Vision and Mission Statementsof the Company.The VCT is currently developing various implementation andcommunication activities to communicate the Company’svision, mission statement, core values and standards ofbehavior in 2013. So, do look out for them!Alex Ho (MDO)Daing Alwee (CSP)Esther Poh (EVPO)Eugene Chiam (E&P)Guo Xing (MDO)Marvin Chu (Marketing)Values Champion TeamVincent Tay (Marketing)Ryan Tang (F&A)Shen Xiangjun (PT)Teo Kok Hwee (PT)Ter Poh Lin (LSI)Chan Jin Kiat (HR)Gan Dong Lee (HR)Wet-weather Driving TipsBy Goodyear SingaporeWhenever occassional heavy or torrential rainoccurs, accidents are common sights. To keep youand your passengers safe on wet roads, here are afew simple safety tips.Routinely check your tyresAlways check your tyres before you hit the road.Keep your tyres properly inflated. This willoptimise the surface contact between the tyresand road. The correct air pressure for your tyresis specified by the vehicle manufacturer and canbe found on the vehicle door edge, doorpost, glovebox door or fuel door. It is also listed in the owner’smanual. You should check your tyre’s air pressureat least once a month. Also check the tyre’s treaddepth. Proper tread depth will help prevent skidsand aquaplaning.Prepare for your journeyWet-weather driving demands gentle use of allthe main controls (steering, clutch, brake andaccelerator) and a larger allowance for errors andemergencies. When you begin a journey in the rain,your shoes may be wet and can easily slip off thepedals. Scuff the soles on the rubber matting orcarpeting of the car before you start the engine.Keep your distance from the car aheadIt takes about three times longer to brake on wetroads than it does on dry roads. As more distanceis required to brake, it is important not to tailgate.Keep more than two car lengths between you andthe vehicle in front of you.Slow downAs rain falls, it mixes with grime and oil on theroad creating slippery conditions that are perfectfor skids. The best way to avoid skidding is to slowdown. Driving at a slower pace allows more of thetyre’s tread to make contact with the road, whichleads to better traction. Do stay in the appropriatespeed lane.Learn how to avoid and deal withaquaplaningAquaplaning happens when the water in front ofyour tyres builds up faster than your car’s weightcan push it out of the way. The water pressurecauses your car to rise up and slide on a thin layerof water between your tyres and the road. At thispoint, your car can be completely out of contactwith the road, and you are in danger of skiddingor drifting out of your lane, or even off the road.To avoid aquaplaning, keep your tyres properlyinflated, maintain good tread on your tyres andreplace them when necessary, slow down whenroads are wet, and stay away from puddles. Try todrive in the tyre tracks left by the cars in front of you.If you find yourself aquaplaning, do not brake orturn suddenly. This could throw your car into askid. Ease your foot off the accelerator until thecar slows and you can feel the road again. If youneed to brake, do so gently with light pumpingactions. If your car has ABS, then brake normally;the car’s computer will mimic a pumping action,when necessary.To see and be seenIn heavy rains, turn your lights on to be clearly seenby other road users, and also improve your owndriving visibility.Dry your brakes after driving throughstanding waterIf you have driven through standing water deepenough to get your brake shoe wet, apply thebrakes lightly to dry them.Always check your tyres before you hit theroad. Keep your tyres properly inflated.Turn your headlights on, even in light rain.

ROAR 2013 Issue 1 page 12ROAR 2013 Issue 1 page 13PCSG LeadershipTrainingBy Gan Dong Lee, Human ResourceAs part of PCSG’s leadership development initiatives, theCompany organised a series of in-house training programmesfor Executives and Managers. Leadership Coach, Mr KenWong of ProActive Training & Education delivered twoprogrammes that incorporated US-based EmergeneticsProfiling tool to analyse thinking and behavioral attributesto help participants improve people management skills andteamwork. Below are some tips our colleagues have learned,and will put to good use!Programme 1: Communication & People ManagementSkills for ExecutivesOn 26 and 27 November, 21executives from various businessand support functions attendeda two-day workshop in MilleniaTower office. Through sharing,discussions and presentations,participants learnt how to enhanceand improve personal and teamEQ, communicate and connect better with colleagues todevelop effective supervisory skills to build cohesive teamsfor better work effectiveness.Tips on People ManagementStrategy #1 Emotional Intelligence (EQ)• Think big picture and don’t sweat the small stuff• Control your emotions and don’t let emotions control you• Keep calm and composed in difficult momentsStrategy #2 Persuade & Influence More,Direct Less• Sell benefits (Emphasise WIIFT – What’s in it for them?)• Highlight drawbacks and negative consequences• Appeal to logical reasoning (Make valid arguments withfacts and data)• Appeal to their emotions and apply peer pressure wheneverappropriateStrategy #3 Handle ConflictsConstructively1: Identify the underlying root causes of the conflict2: Talk to conflicting parties separately to understand theirviews and perspectives of the conflict3: Invite both parties to a mediation session4: Address the root causes and mediate for a win-winoutcome5: Get them to follow the agreed new work arrangementsPCSG/SPC/COSG HSEContact Point ProgrammeBy Koh Wee Meng, HSE, Executive Vice President OfficeBaby boomers, GEN X & Y staffhave different motivations that weneed to understand.1. Baby BoomersThey are mature employeeswho have been working with theorganisation for the past 20 to 40years. To them, work is life. Theytake pride in their work and loveto be praised as craftsmen. Seekingadvice from them and giving themrecognition for their long servicemakes them happy and motivated.2. GEN XTIPS ON MOTIVATING EMPLOYEES:GEN X staff (mid 30s to late 40s)are strongly motivated by careerprogression and achievements.They work very hard forpromotions, salary increments,bonuses and other perks. Theyneed to prove to their families andfriends that they have “arrived”.Work-life balance is also a strongmotivator, especially those withfamily responsibilities.3. GEN YGEN Y staff are motivated byflexible work arrangements. Theyintegrate work with life and workonly when they feel like it. Theyare motivated by meaningful andchallenging tasks.Participants learnt through presentations, discussion and 1-1 CoachingProgramme 2: Effective Leadership Skills for ManagersThis 2-day programme was designed to help managers becomeeffective leaders. On 6 and 7 December, 15 managers gained anunderstanding of their own leadership styles. They also acquired skillsand knowledge to enhance their own thinking and behavior attributesso as to better manage diversity and differences. This will help themmaximise the performance of fellow team members to deliver greaterresults for the Company.In December 2012, our top management conducted scheduledHSE visits to Jurong Bulk Plant and Pulau Sebarok Terminal. Thesevisits were part of the annual HSE programme, which allowed themanagement team to interact with the terminal staff and get to knowthem better. They also learned to understand the constraints thatterminal staff face in their daily work.Meanwhile, employees understood that the top-level managementcares and is truly committed to ensuring their safety.The management wrapped up their visit with a tour around theterminal, where the team provided valuable input on the HSEfindings they observed.These visits reinforced themanagement’s commitment in creating a safe and healthy workenvironment. An effective safety and health programme is possiblewhen the management regards a safe and healthy work environmentas fundamental. Furthermore, it applies its commitment to protectemployees as vigorously as its commitment to organisational goalsand strategies.

ROAR 2013 Issue 1 page 14ROAR 2013 Issue 1 page 15PetroChina Bowling NightBy Lim Woi Woi, Finance & Accounting GroupWe really had great fun at the bowling competition held on 15November 2012 at Marina Square Superbowl! Some of our colleaguesgot to engage in aerobic exercises using free weights – what a greatway to exercise and burn some calories!Each of the 60 bowlers played two games to vie for the “ChampionTeam”, “Top Male Bowler” and “Top Female Bowler” titles at ourPetroChina Bowling Night 2012.Before the start of the competition, our colleagues came up withinspiring, creative names like “Gangnam Stylists”, “Old Birds”, “TheSuikomi”, “Let You Win” and “Rolling Thunder” for their teams. Atthe end of the day, it was Team “Mixed Power”, comprising membersRani Jasuni, Jess Ng, Desmond Chen and Mohamed Safiee BinMokri, who emerged as the champion team!Kiran:1. Winning tipsDon’t take the competitionas a challenge or a target. Justplay the game as you wouldnormally play with friends andfamily. That can help you win!The competition is with youself– you should try to break yourpersonal records and the rest willbe history!2. My FavoUrite bowlerI have a few favourite bowlersbut the one that stands out isRani Jasuni. He was the one whointroduced me to the game andhas been my trainer ever since.ChristmasEve Lunch2012The top bowlers in the competition, Annie Yew and Kiran Chauhanare certainly no strangers to the bowling competition. Both playershave had extensive experience and proved yet again that they are stillat the top of their game. We managed to get them to share somebowling tips and tell us who their favourite bowlers are!We also got them to share with us some of their bowling tips andfavourite bowlers:Boys’ BrigadeShare-a-Gift ProgrammeAnnie Yew:1. Winning tipsGet your foundation right andthe rest will eventually follow.You need a lot of practice andthe best way to “spar” with goodbowlers is to take part in games,be it friendly or competitive.2. My Favorite bowlerMr Henry Tan, who was mybowling coach many moons ago.By Yuen Yeh, Managing Director OfficeWe were pleased to be able to participate in The Boys’ BrigadeShare-a-Gift Programme for the third year running. This time,we adopted a total of 78 wishes from 11 Voluntary WelfareOrganisations (VWO).Thanks to the generosity of our colleagues, all the wishes wereadopted and fulfilled. After the collection of the gifts, we faceddifficulty in transporting bulky items like a standing fan, electricoven, vacuum cleaner, etc. to various locations. Despite thelogistical challenge, we managed to deliver all the donations toeach VWO, in some cases, directly to the beneficiaries.We were glad to see the smiles from the beneficiaries. Thesewould not have been possible without our colleagues’ kindsupport. Thank you all for the help you rendered to make thismeaningful programme a success. We are greatly blessed to beable to help the less fortunate.

CONTRIBUTORS IN THIS ISSUE:Alex Ho,Managing Director OfficeGuo Xing,Managing Director OfficeLim Woi Woi,Finanace & AccountingYuen Yeh,Managing Director OfficeAnnie Yew,MarketingKiran Chauhan,Executive Vice President OfficeLow Fang Ling,MarketingZhao Shuang,Legal, Secretariat & InsuranceChan Jin Kiat,Human ResourceKoh Wee Meng,Executive Vice President OfficeVincent Tay,MarketingGoodyear SingaporeGan Dong Lee,Human ResourceLee Gim Hua,Crude TradingWayne Zheng Wei,Finance & Accounting2012StandardCharteredMarathonBadmintonFriendlyMatch withCAOPetroChina International (S) Pte. Ltd.Singapore Petroleum Company LimitedOne Temasek Avenue #27-00, Millenia Tower, Singapore 039192Tel: 6276 6006 • Fax: 6275 6006www.petrochinaintl.com.cnwww.spc.com.sgMICA (P) 110/09/2012 Co. Reg No: 196900291NScan here foran online copy